Polaris Media ASA

Polaris Media ASA

59.00
NOK
+2.20
(+3.87%)
0.50EPS
281.32P/E
2.95BMarket Cap
Nov 05Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
34.33
32.35
31.62
29.27
31.21
31.25
45.5
66.21
70.93
69.61
69.69
69.05
70.19
69.94
Basic EPS, GAAP
1.98
1.86
19.2
-2.27
1.79
1.94
3.28
1.97
3.08
0.98
-0.96
13.84
0.15
0.21
Free Cash Flow per Basic Share
3.32
2.76
3.02
1.6
0.9
2.5
3.02
4.84
6.04
2.85
1.21
3.25
2.91
4.1
Dividend per Share
1.76
1.76
1
1.28
1.02
1.53
1.75
- -
- -
3.34
1.89
1.04
22.47
3.37
Book Value per Share
15.47
13.29
31.72
28.38
32.96
37.02
50.34
61.95
77.18
68.39
67.6
71.87
39.96
33.72
Tangible Book Value per Share
1.18
0.5
21.1
18.17
22.71
27.21
32.59
34.23
50.15
40.76
38.94
42.88
10.54
5.36
Basic Weighted Avg Shares
49
49
49
49
48
48
49
49
49
49
49
49
49
49
Sales/Revenue/Turnover
1,667
1,571
1,541
1,440
1,509
1,499
2,221
3,233
3,472
3,406
3,416
3,383
3,430
3,421
Operating Margin (%)
4.73
7.24
2.78
-3.96
4.45
4.65
-1.29
1.53
5.06
-1.89
-3.81
-1.11
-1.37
2
Depreciation Expense
102
89
96
88
85
80
143
196
206
215
236
236
234
229
Net Income, GAAP
96
90
936
-112
87
93
160
96
151
48
-47
678
8
11
Effective Tax Rate (%)
16.38
24.82
0.69
- -
14.78
16.86
0.26
22.89
25.92
2.24
- -
0.66
24.28
30
Profit Margin (%)
5.77
5.75
60.73
-7.75
5.73
6.21
7.21
2.98
4.34
1.41
-1.38
20.04
0.22
0.31
Working Capital
-91
-38
-49
-88
-8
29
-327
-177
-162
-437
-525
473
-460
89
LT Debt
310
345
304
265
250
242
552
936
892
852
1,084
471
399
399
Total Equity
783
676
1,583
1,420
1,647
1,828
2,334
2,866
3,825
3,573
3,461
3,692
2,064
1,763
Return on Invested Capital (%)
8.78
6.01
-0.85
- -
3.76
3.19
1.82
5.07
4.57
0.46
- -
0.69
0.43
1.64
Return on Capital (%)
9.58
9.19
63.41
- -
5.06
4.89
7.86
1.81
4.27
1.2
- -
15.67
0.45
0.47
Return on Common Equity (%)
12.38
12.86
85.08
-7.61
5.77
5.44
7.51
3.52
4.43
1.35
-1.41
19.84
0.27
0.53

Capital Structure

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
158
157
139
LT Borrowings
20
15
2
LT Finance Leases
379
418
397
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
49
49
49
Market Capitalization
2,664
2,981
2,952

Working Capital

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
692
685
1,206
Cash, Cash Equivalents & STI
348
328
916
Accounts Receivable, Net
219
343
275
Inventories
17
14
16
Total Current Liabilities
1,153
1,187
1,117
Payables & Accruals
- -
- -
- -
ST Debt
158
157
139
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.35%
-2.73%
-44.08%
Free Cash Flow
24.15%
14.57%
-10.5%
Net Income, GAAP
-209.99%
-370.05%
-98.89%
Sales/Revenue/Turnover
9.75%
1.25%
1.41%
Total Cash Common Dividend
- -
- -
2,057.37%

Quarterly Revenue

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
820
844
826
893
3,383
2025
847
862
830
892
3,430
2026
849
850
- -
- -
- -

Quarterly Earnings Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.47
12.74
1.61
-0.03
13.84
2025
-0.39
0.72
-0.26
0.09
0.15
2026
-0.32
0.71
- -
- -
- -

Quarterly Dividends Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
1
0.04
- -
1.04
2025
- -
22.4
0.06
- -
22.47
2026
- -
3.3
- -
- -
- -

Company Description

CEO
Per Axel Koch
Full Time Employees
2,495
Sector
Consumer services
Industry
Publishing: newspapers
Address
Ferjemannsveien 10 Trondheim ST Norway 7042
IPO Date
Dec 1, 2008
Business
Polaris Media ASA operates as one of Scandinavia's largest media house and printing groups, owning and managing 78 regional and local media houses, including 62 in Norway and 16 in Sweden; it publishes major newspapers such as Adresseavisen, Fædrelandsvennen, Sunnmørsposten, Agderposten, Varden, Romsdals Budstikke, Harstad Tidende, iTromsø, and Göteborgsposten, alongside local titles like Troms Folkeblad, Altaposten, and Vesteraalens Avis; the company provides digital advertising services, print production through six printing facilities including Polaris Trykk Trondheim, Polaris Trykk Ålesund, and Polaris Trykk Harstad, and distribution via four regional companies in Norway and one in Sweden; it serves subscribers totaling 643,000 with annual revenues of NOK 3.6 billion, targeting local and regional audiences in mid-Norway, north Norway, northwest Norway, south Norway, and western Sweden. Founded in 2008 through the merger of Adresseavisen Gruppen and Harstad Tidende-gruppen and headquartered in Trondheim, Norway, Polaris Media lists on the Oslo Stock Exchange under ticker POL.OL and emphasizes journalistic development, editorial independence, and local societal roles across its operations. Recent developments include the full acquisition of Stampen Media in June 2025 for SEK 195 million from NWT Gruppen, following a 10% stake purchase from VK Media in March 2025 to strengthen its Swedish footprint with 16 newspapers generating SEK 1.2 billion in 2024 revenues; Blommenholm Industrier AS increased its ownership to 33.32% in June 2024 by acquiring Schibsted Media's 29.45% stake; establishment of Polaris Media Sør for southern Norway expansion; strong digital revenue growth of 18% in Q3 2025 with adjusted EBITDA of NOK 103 million; and implementation of efficiency measures and a new PM Product organization for enhanced digital development.